Zimbabwe ranked worst for business
source: SW Radio Africa
by Irene Madongo
11 October 2010
A new report shows Zimbabwe is one of the worst places to do business in the world, and it has been ranked at the bottom in the world in terms of lack of economic freedoms for businesses.
The Economic Freedom of the World 2010 Annual Report, released by the Fraser Institute of Canada on Tuesday, ranks Zimbabwe 138 out of 141 when it comes to providing an unfriendly business environment, alongside, Angola and the Republic of Congo.
The annual report rates nations by five criteria: government size, legal structure and protection of property rights, access to sound money, freedom to conduct international trade and credit, labour as well as business regulation.
The report comes at a time when the UN’s Food and Agriculture Organisation (FAO) also says [continue reading]